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  "documentTitle": "Focus Media Holding Ltd. (FMCN)",
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      "text": "Investors accustomed to the China fraud world know that independent third party evaluators can be manipulated in China – particularly when the client wants a corroborating or exculpatory finding.",
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      "text": "Investors accustomed to the China fraud world know that independent third party evaluators can be manipulated in China – particularly when the client wants a corroborating or exculpatory finding. (We suspect that much of this is actually cooperation by the third parties, rather than manipulation; however, that is beside the point.) CTR, a purportedly reputable media research firm, issued erroneous reports that strongly supported key fraudulent claims that China MediaExpress (OTC: CCME) made. The independent valuation of Allyes we discuss supra is additional evidence that independent opinions are frequently manipulated in the China context.",
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      "text": "The following is the diagram shown in our report showing the deep entanglement of FMCN board members with one another, and shows part of why we believe that any engagement to count screens will be tainted.18",
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      "text": "access to specified witnesses and documents.17 When a related party at the center of an investigation denies such access, it raises serious questions about the investigation.",
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      "text": "17 FMCN 2006 F-20, p. 7.\n18 For a full discussion on the dysfunction of FMCN's board, see MW Report pp. 40-42.",
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